Company has stated that its funds will be exhausted by Jan 09.
That is about 6 weeks away...
Price of Mo has crashed, i've heard reports of US $ 10 a pound...
Major issues with the plant of which managemnt have down played. Its all doom & gloom for QOL.
At current commodity prices this co is generating under $10 million per annum (assuming full plant capacity).
Op EX @ $80.00 tonne = 12 million
Sell out now while you can still get some coin!
DYOR!
QOL
queensland ores limited
